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Buhari to launch network against crimes in GoG

*President Muhammadu Buhari Mkpoikana Udoma Port Harcourt — Following the rising spate of crude oil theft and illegal bunkering, kidnapping, banditry, terrorism financing, human, drugs and arms smuggling, unregulated fishing and sea piracy, President Muhammadu […]

U.S. Supreme Court rebuffs Exxon, Chevron appeals in climate cases

News wire — The U.S. Supreme Court on Monday declined to hear bids by Exxon Mobil Corp, Suncor Energy Inc, Chevron Corp and others to move lawsuits filed by state and local governments accusing the […]

Savannah Energy signs SPA with Cameroon’s SNH

*Andrew Knott Savannah Energy CEO and Mr. Adolphe Moudiki Executive General Manager SNH Michael James Leeds, England — Savannah Energy subsidiary, Savannah Midstream Investment Limited, SMIL has signed a Share Purchase Agreement, SPA, with the […]

Guyana rules out offering crude oil export discounts to India

New Delhi — South America’s fastest growing oil producer has turned down the Indian government’s request for discounted crude oil purchases during trade discussions, Guyana Vice President Bharrat Jagdeo said on Thursday. Guyana’s oil production […]

China’s big refineries crowd out teapots for discounted Russian oil

*PetroChina’s Jinzhou refinery Singapore — Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as Iranian oil, according […]

Putin discusses OPEC+ deal in call with Saudi Crown Prince

Moscow — Russian President Vladimir Putin discussed the OPEC+ deal to cap oil production with the Crown Prince of Saudi Arabia, Mohammed bin Salman, in a telephone call on Friday, the Kremlin said. The two […]

Envorem develops innovative Greentech to clean oily sludges

*Mark Batt-Rawden CEO of Envorem London — Envorem, the UK-based technology business, has developed an innovative new Greentech that uses a little-known property of water to rapidly and inexpensively process oil production sludges. This amazing […]

Saudi’s Aramco offers more vacuum gasoil supplies for May

Singapore — Saudi Aramco offered more vacuum gasoil (VGO) supplies to be exported from its Jizan refinery in May, according to traders and shipping data, in a sign that the refinery is yet to ramp […]

Oilfield firm Baker Hughes beats profit estimate, shares rise

*Baker Hughes workers News wire –– Baker Hughes Co on Wednesday said it beat first-quarter profit estimates as rising oil prices boosted demand for its equipment and services, sending the oilfield firm’s shares higher. Oil […]

We removed 460 illegal connections on Trans Niger pipeline

*Osagie Okunbor, Managing Director, SPDC, and Chairman SCiN Abuja — The Shell Petroleum Development Company of Nigeria, SPDC, says it removed 460 illegal connections on its Trans Niger Pipeline, which was shut for one year […]